Senior Associate, Specialist, Credit Approval, Risk Management Group
LocationMumbai
Work modeon-site
Typefull-time
DepartmentRisk Management
Company size10,000+ people
First seen1w ago
Last seen2d ago
About the role
Job Purpose
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To provide credit support to the Credit Approvers in implementing the policy and strategy agreed for SME segment.
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To assist the Credit Approvers in establishing credit controls and procedures for SME branches and help the Business Lines grow, such that the business runs seamlessly, within target NPL.
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To actively evaluate lending proposals for IBG 4 customers based on bank statement analysis
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Approve judiciously as and when DOA is grantedKey Accountabilities :
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To have a sound knowledge of the Indian market in terms of risks associated with industries, companies and products.
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To apply knowledge of RBI Regulations/ MAS Guidelines that govern credit dispensation, including the Loan Grading, Provisioning and Asset Classification regulations.Job Duties and Responsibilities:
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Review of credit proposals originating from PAN India and to highlight info gaps, key risk issues not adequately addressed.
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Portfolio monitoring / tracking & escalation of adverse new events in company / industry.
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Keeping track of delinquency levels in portfolio and ensuring that requisite follow up is being done with front end /borrower, wherever needed to ensure that overdues are regularised in a time bound manner.
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Ensure meticulous compliance with Bank’s internal credit policy as well as regulatory guidelines for the SME segment.
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Ensure compliance with the benchmark Turnaround TimeExperience (Indicate nature and extent of work experience including number of years required, if applicable.)
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6 to 17 years of experience in Banking (preferably SME or credit department) / Credit Rating.Education:Professional qualification or post graduate degree, preferably in business, accountancy, economics, finance etc.Core Competencies:
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Good analytical skills
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Good presentation skills
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Good interpersonal skills
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Good knowledge of industries/sectorsTechnical Competencies
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Sound knowledge of financial statement analysis and accounting policies/practices.
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Good knowledge of credit evaluation methods including surrogate means of credit evaluation (like bank statement/GST based evaluation), tools & techniques
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Sound understanding of regulatory guidelines on credit issued by RBI (local regulations in India), MAS and local laws and regulations that impact businesses in general.
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Knowledge of corporate banking products
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Knowledge of SME market and preferably should have had approval authority in his previous assignments.